SELECT SERVICE PARTNER UK LIMITED
Company Information
- Company Number
- 05687183
- Registered Address
- Jamestown Wharf, 32 Jamestown Road, London, United Kingdom, NW1 7HW
- Status
- Active
- Employee Count
- 7,259
- Turnover
- £672,151,000
- EBITDA
- £93,509,000
Additional Details
- Company Type
- Private limited Company
- Incorporated On
- 25 January 2006
- Nature of Business
- 56101 - Licensed restaurants56102 - Unlicensed restaurants and cafes56103 - Take-away food shops and mobile food stands56302 - Public houses and bars
- Industries
- Lifestyle And Entertainment
- Region
- London
Time to Pay
Payment Timeline
Payment Features
Payment Score History
Company Review
Trend Analysis
The average time taken for SELECT SERVICE PARTNER UK LIMITED to pay invoices has generally increased over the past three periods, with a significant jump from 25 days in 2018-2019 to 40 days in 2019-2020. However, there has been a slight improvement in the latest period, with the average time decreasing to 40 days.
Volatility Analysis
The volatility in the percentage of invoices paid within 30 days has been relatively stable, ranging from 37% to 45%. However, there has been a significant increase in the percentage of invoices paid between 31 and 60 days, from 34% in 2018-2019 to 59% in 2020-2021. The percentage of invoices paid later than 60 days has also fluctuated, with the highest being 40% in 2020-2021.
Summary Analysis
In the past three periods, SELECT SERVICE PARTNER UK LIMITED has seen an increase in the average time taken to pay invoices, with a slight improvement in the latest period. The percentage of invoices paid within 30 days has remained relatively stable, but there has been a significant increase in the percentage of invoices paid between 31 and 60 days. The worst period for late payments was in 2020-2021, where 40% of invoices were paid later than 60 days.
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Feb 2025 - 30 Sept 2025 | 21 Nov 2025 | 39 | 38% | 57% | 5% | 54% |
| 28 Sept 2024 - 31 Jan 2025 | 21 Nov 2025 | 39 | 43% | 52% | 5% | 77% |
| 28 Mar 2024 - 27 Sept 2024 | 21 Nov 2025 | 41 | 45% | 50% | 5% | 77% |
| 01 Oct 2023 - 27 Mar 2024 | 21 Nov 2025 | 41 | 45% | 48% | 7% | 46% |
| 30 Mar 2023 - 27 Sept 2023 | 03 Oct 2023 | 40 | 45% | 49% | 5% | 5% |
| 29 Sept 2022 - 29 Mar 2023 | 25 Apr 2023 | 40 | 42% | 51% | 7% | 52% |
| 31 Mar 2022 - 28 Sept 2022 | 31 Jan 2023 | 42 | 42% | 50% | 8% | 62% |
| 30 Sept 2021 - 31 Mar 2022 | 19 Aug 2022 | 47 | 43% | 48% | 9% | 60% |
| 01 Apr 2021 - 31 Oct 2021 | 03 Nov 2021 | 50 | 43% | 48% | 9% | 65% |
| 01 Oct 2020 - 31 Mar 2021 | 28 Apr 2021 | 95 | 38% | 34% | 28% | 67% |
| 26 Mar 2020 - 30 Sept 2020 | 30 Oct 2020 | 84 | 18% | 42% | 40% | 93% |
| 26 Sept 2019 - 25 Mar 2020 | 03 Sept 2020 | 40 | 33% | 59% | 8% | 56% |
| 28 Mar 2019 - 25 Sept 2019 | 03 Sept 2020 | 40 | 36% | 57% | 7% | 56% |
| 27 Sept 2018 - 27 Mar 2019 | 18 Jul 2019 | 25 | 63% | 34% | 3% | 38% |
| 29 Mar 2018 - 26 Sept 2018 | 18 Jul 2019 | 25 | 37% | 57% | 6% | 36% |
| 28 Sept 2017 - 28 Mar 2018 | 01 May 2018 |
Payment Time Trends
Payment Distribution Trends
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Unless specially negotiated suppliers are paid at the end of the month following the date of the invoice.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
60
Dispute Resolution Process
A claim relating to any disputed invoice is raised with the supplier. Select Service Partner UK Limited has standardised processes for manging supplier payments and a dedicated team responsible for supplier reconciliations and dispute resolution.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
✅
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
Company Summary
SELECT SERVICE PARTNER UK LIMITED is a leading provider of food and beverage services in the United Kingdom. The company was founded in 1986 and is headquartered in London, with operations in airports, train stations, and other transport hubs across the country.
The company offers a variety of food and beverage options, including fast food, casual dining, and grab-and-go options, to travelers passing through these transport hubs. Their sustainability program, known as "Sustainability Matters," focuses on reducing waste, conserving resources, and promoting ethical sourcing practices.
SELECT SERVICE PARTNER UK LIMITED has a strong commitment to sustainability and has implemented various initiatives to achieve their goals. This includes reducing food waste, using environmentally friendly packaging, and sourcing products from sustainable and ethically responsible suppliers. They also work closely with their partners and suppliers to ensure that their sustainability standards are met.
The company's key people include CEO Jonathan Coen, who has been with the company since 2017 and has over 20 years of experience in the food and beverage industry. The Chairman of the company is Arnaud Bricout, who has been with the company since 2018 and has a strong background in retail and hospitality.
For more information on their products and services, as well as their sustainability program, interested individuals can visit SELECT SERVICE PARTNER UK LIMITED's website at https://www.selectservicepartneruk.com/. Their registered office address is SSP House, 119 Highgate Studios, 53-79 Highgate Road, London, NW5 1TL.
